Caleres Inc (CAL)
Gross profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,222,040 | 1,262,960 | 1,262,960 | 1,284,870 | 1,284,870 |
| Revenue | US$ in thousands | 2,722,680 | 2,815,640 | 2,817,290 | 2,968,140 | 2,966,830 |
| Gross profit margin | 44.88% | 44.86% | 44.83% | 43.29% | 43.31% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,222,040K ÷ $2,722,680K
= 44.88%
Caleres Inc's gross profit margin has shown a positive trend over the last few years. It increased from 43.31% in January 28, 2023, to 44.88% in January 31, 2025. This indicates that the company has been able to effectively manage its production costs and generate higher revenues relative to the cost of goods sold. The consistent improvement in gross profit margin reflects operational efficiency and potentially better pricing strategies. It is essential for Caleres Inc to sustain this upward trend in gross profit margin to ensure profitability and long-term financial health.
Peer comparison
Jan 31, 2025
Company name
Symbol
Gross profit margin
Caleres Inc
CAL
44.88%
Skechers USA Inc
SKX
53.15%
Steven Madden Ltd
SHOO
41.04%
Wolverine World Wide Inc
WWW
44.53%